7761 Route 31 Lyons, NY $ 299,900
7761 Route 31
$ 299,900
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7761 Route 31

Lyons, NY, 14489
$ 299,900
Bedrooms-- Baths-- Sq 4,528

Monthly Estimate*

$ 1,871

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Commercial Property for sale in Lyons, NY

for $299,900. This 4,528 square foot building was built in 1955.

Turnkey Investment Opportunity by the Erie Canal! Welcome to this fully occupied 11-unit income-producing property in the heart of Lyons! This unique motel features 9 guest rooms and 2 spacious apartments, offering a diverse range of rental income streams. Located on a high-visibility primary road and backing up to the scenic Erie Canal, this property offers both charm and incredible potential. Whether you’re an investor seeking cash flow or an entrepreneur with a vision, this property is packed with possibilities. While the building could use a bit of TLC, the strong occupancy and unbeatable location make it a rare gem. With consistent tenants and proximity to town amenities, this is your chance to own a piece of the Finger Lakes corridor with room to improve and grow. Don’t miss this opportunity to revitalize a classic and capitalize on its prime location.

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Commercial Pending

Price

$ 299,900

Property Type

Commercial

Taxes

$ 5,441

Style

Commercial

Year Built

1955

Town/City

Lyons

County/Region

Wayne

MLS | Web ID

R1616653

Features
General
Sewer PublicSewer
Heating Electric Baseboard
Utilities ElectricityConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Metal
Zoning 281
School District Lyons
Year Built 1955
View Water
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Commercial
Waterfront Features CanalAccess
County Wayne
Property Type CommercialSale
Possible Use HotelMotel
Total Rooms 9
Status Pending
Directions Situated on a high visibility state highway right along the historic Erie Canal.
City Lyons
Body of Water Erie Canal
High School District Lyons
Zoning Description Commercial
Number Of Units Total 0
MLS Area Lyons-542889
Lot Size Units Acres
Lot Size Square Feet 33977.0
Year Built Details Existing
Tax Annual Amount 5441.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Pending
Middle/Junior School District Lyons
Elementary School District Lyons
Tax Assessed Value 114300
TaxOtherAnnualAssessmentAmount 0.0
Virtual Tour https://share.google/?link=https://site.infocusrealmedia.com/7761_route_31_lyons_-4238&utm_source=igadl igatpdl sh/x/gs/m2/5&utm_campaign=share-sdl-ig
Property Sub Type Additional Commercial
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Interior
Total Fireplaces 0
Total Stories 2
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Features IrregularLot
Water Source Public
Total Parking 15.0
Inclusions Land Building and Business
Number of Buildings 1
Building Area Total 4528.0
Lot Dimensions 228X103
Waterfront Y/N No
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Internal Only
Street Number 1 7761
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* Excluded Features
List By
Empire Realty Group

Broker

(315) 359-0850

Phone

Affordability Calculator

$2,324
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,871
Monthly Property Taxes
$453
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3219144 Elementary School
3219567 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2025$299,900 -40.01% Price Down
6/20/2025$499,900 Listed Price

Map


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7761 Route 31, Lyons, NY, 14489 is a Commercial Property for sale at $299,900 with 4,528 sqft. 7761 Route 31 was built in 1955. The property's zip code is 14489 which is in Lyons, NY